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Trade What You See - Almost Naked Trading

  • #2,761
  • Edited 10:16am Nov 1, 2010 9:54am | Edited 10:16am
I'm glad to be here!

CAD/CHF 2 taps on 4 hr followed by 1 hr BO zoomed in to 15 mins

Hope the charts are visible...got in long at 0.9709 --- Sold 1/2 at 0.9800
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  • #2,762
  • Nov 1, 2010 9:58am Nov 1, 2010 9:58am
possibly 3 tap setting up on EUR/USD.

more than 117 viewers on this thread...awesome
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  • #2,763
  • Nov 1, 2010 10:09am Nov 1, 2010 10:09am
3-tap trade on this pair
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  • #2,764
  • Nov 1, 2010 10:13am Nov 1, 2010 10:13am
Quoting pippete
90ish so far, but a couple trades still running, those are not looking that bright yet... still fine-tuning the system
Remember though that you will never fine-tune the system enough to have 100% winning trades.
  • #2,765
  • Nov 1, 2010 10:16am Nov 1, 2010 10:16am
Quoting lawgirl21
Remember though that you will never fine-tune the system enough to have 100% winning trades.
True, as a matter of fact, here is a loser... Any thought about why it didn't work out?
Attached Image (click to enlarge)
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  • #2,766
  • Nov 1, 2010 10:19am Nov 1, 2010 10:19am
Quoting pippete
True, as a matter of fact, here is a loser... Any thought about why it didn't work out?

The 3 tap was from above to go short
  • #2,767
  • Nov 1, 2010 10:20am Nov 1, 2010 10:20am
sorry about my english..
I have notice that the Lawgirl Trend display is always changing direction. Is it normal? I think that daily trend can change in a few hours but weekly trend???
CAn anyone explain it ???
Thank you very much...
  • #2,768
  • Nov 1, 2010 10:23am Nov 1, 2010 10:23am
Quoting Dl17
I'm glad to be here!

CAD/CHF 2 taps on 4 hr followed by 1 hr BO zoomed in to 15 mins

Hope the charts are visible...got in long at 0.9709 --- Sold 1/2 at 0.9800

Closed remaing 1/2 at 0.9795 and waiting for new BO.

Effective stuff this LG, thanks again.
  • #2,769
  • Nov 1, 2010 10:25am Nov 1, 2010 10:25am
Quoting pippete
True, as a matter of fact, here is a loser... Any thought about why it didn't work out?
imho,

1) stoch is highly overbought
2) correlated pairs are in move down also

for me, if a pair is in intermediate move (up-down, nothing definite) we should look for correlated pairs serious moves and expect appropriate action - so here, after eurusd moved down and usdchf up, cable started its turtle trade
  • #2,770
  • Nov 1, 2010 10:25am Nov 1, 2010 10:25am
Quoting losingtrades
The 3 tap was from above to go short
Not really, I don't see a good 3 tap short there, plus all RSI's were up at time of entry..
  • #2,771
  • Nov 1, 2010 10:30am Nov 1, 2010 10:30am
Quoting pippete
Not really, I don't see a good 3 tap short there, plus all RSI's were up at time of entry..

I did not look at rsi on this.


I was looking at a dble high on the daily chart and a 3 tap on the 4 hr chart.


it's all a guess really
  • #2,772
  • Nov 1, 2010 10:34am Nov 1, 2010 10:34am
Quoting pippete
Not really, I don't see a good 3 tap short there, plus all RSI's were up at time of entry..
Hi All,

Currently GU is having a H4 BO hope you guys enter.
  • #2,773
  • Nov 1, 2010 10:36am Nov 1, 2010 10:36am
Quoting JGforex7780
Hi All,

Currently GU is having a H4 BO hope you guys enter.


looking for a reversal actually on eu at 3856 or so
  • #2,774
  • Nov 1, 2010 10:49am Nov 1, 2010 10:49am
Quoting losingtrades
possibly 3 tap setting up on EUR/USD.

more than 117 viewers on this thread...awesome
Good BO trade finally...
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  • #2,775
  • Nov 1, 2010 10:53am Nov 1, 2010 10:53am
Quoting JGforex7780
Hi All,

Currently GU is having a H4 BO hope you guys enter.
I missed it. May be too late now.
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  • #2,776
  • Nov 1, 2010 11:14am Nov 1, 2010 11:14am
In this trade short
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  • #2,777
  • Nov 1, 2010 11:18am Nov 1, 2010 11:18am
Quoting lawgirl21
I'm still in this trade. Not doing much..
This pair is still moving down..
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  • #2,778
  • Nov 1, 2010 11:22am Nov 1, 2010 11:22am
Nice wave pattern.
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  • #2,779
  • Nov 1, 2010 11:24am Nov 1, 2010 11:24am
Quoting lawgirl21
In this trade short
I would not stay short in this one, as you can ee there is a 3 tap LONG in the longer time frame (daily) just touching the uptrend line
  • #2,780
  • Nov 1, 2010 11:28am Nov 1, 2010 11:28am
Quoting PurePrice
I would not stay short in this one, as you can ee there is a 3 tap LONG in the longer time frame (daily) just touching the uptrend line

Chart ...
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